About 217 Alden Street
Well-Located Apartment Investment ±4,992 SF, five-unit apartment building near downtown Redwood City an all two-bedroom / one-bath unit mix on a ±5,000 SF lot, offering durable residential income in one of the Peninsula's most supply-constrained rental markets. Strong In-Place Rental Income Five two-bedroom units provide stable, in-demand housing product with immediate cash flow at close. Downtown Redwood City · Walkable & Transit-Rich Blocks from downtown Redwood City, the Caltrain station, and the Sequoia Station retail district a highly walkable location with strong tenant demand from the Oracle, Electronic Arts, and Box employment base and Stanford in Redwood City. Mid-Peninsula Supply-Constrained Hold Severely constrained housing supply between San Francisco and San Jose, combined with Redwood City's status as the largest city on the Mid-Peninsula, supports durable occupancy, rent growth, and a defensive long-term multifamily hold.
Features of 217 Alden Street
| MLS® # | ML82054736 |
|---|---|
| Price | $2,500,000 |
| Bathrooms | 0.00 |
| Acres | 0.11 |
| Year Built | 1946 |
| Type | Commercial Sale |
| Status | Active |
Community Information
| Address | 217 Alden Street |
|---|---|
| Area | 699 - Not Defined |
| City | Redwood City |
| County | San Mateo |
| Zip Code | 94063 |
Amenities
| Utilities | Other |
|---|---|
| Parking Spaces | 5 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Cooling | None |
|---|---|
| Has Basement | No |
| Fireplace | No |
Exterior
| Roof | Shingle |
|---|
School Information
| District | Other |
|---|
Additional Information
| Date Listed | July 18th, 2026 |
|---|---|
| Days on Market | 57 |
| Zoning | r5 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Steve Belluomini |
|---|---|
| Office | Corcoran Icon Properties |